Economic Democracy at Work: Why (and How) Workers Should Be Representated on U.S. Corporate Boards

Journal of Law and Political Economy. Vol 1 (3), p. 373-396. https://escholarship.org/uc/item/4ks225mv

25 Pages Posted: 7 Nov 2019 Last revised: 20 Jul 2021

See all articles by Lenore Palladino

Lenore Palladino

University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics

Date Written: February 15, 2021

Abstract

Workers should have representation on corporate boards of directors in the United States, as employees are key stakeholders whose contribution is necessary for the success of innovative enterprises. The European model of codetermination has proven effective, yet it cannot be simply imported to the United States. Implementing such a reform in the 21st century U.S. context requires consideration of many key issues, including the appropriate mechanisms for worker-director election, representation, and organization. The article addresses the relationship between corporate law and labor law, including the restrictions on company-dominated labor organizations.

Keywords: Corporate governance; worker representation on boards; stakeholders; boards of directors

JEL Classification: G34; G38; B50; K22

Suggested Citation

Palladino, Lenore, Economic Democracy at Work: Why (and How) Workers Should Be Representated on U.S. Corporate Boards (February 15, 2021). Journal of Law and Political Economy. Vol 1 (3), p. 373-396. https://escholarship.org/uc/item/4ks225mv, Available at SSRN: https://ssrn.com/abstract=3476669 or http://dx.doi.org/10.2139/ssrn.3476669

Lenore Palladino (Contact Author)

University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics ( email )

Amherst, MA 01003
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
668
Abstract Views
2,235
rank
48,323
PlumX Metrics